Bitshares - State of the Network - 15th May 2018

Welcome to the 83rd Bitshares State of the Network (BSotN) report. A weekly report focusing on the changes in the ecosystem and track longer term changes in a effort to identify emerging trends and changes in the Bitshares platform.

Bitshares - State of the Network - 15th May 2018

The Bitshares State of the Network Reports seeks to combine raw data from a wide range of metrics and combine them into meaningful information to identify emerging trends and changes in the Bitshares network.

Observation from this week

This section will highlight any observations made while analysing the data.

@fox has announced the release of testnet 2.0.180510 this week. This new testnet version has a hardfork flag date coded for Saturday, 19 May 2018 13:58:00 UTC. This new release includes 12 BSIPs, 6 consensus impacting bug fixes and many additional enhancements which are detailed HERE. You can also join the discussion on the testnet thread on the Bitshares Talk Forum

This week within a single 24hr period, BitShares mainnet broke is old record by processing 1,598,882 transactions, which averages to roughly 18.5 transactions per second (TPS). Currently, the BitShares blockchain ranks second behind Steem, which holds the record for 2,068,341 transactions within 24 hours (23.9 TPS).

A new version of the Bitshares reference wallet has been released this week. Bitshares-UI Version 2.0.180512 has been released this week. This update contains some new features and some bug fixes. Find the change log and download for the new wallet HERE

@Stan Larimer and @Michaelx Taggart have been working with Sean Worthington the founder of Cloudcoin in relation to synergies between Cloudcoin and the Bitshares blockchain. Checkout the interview between Connie, Stan and Sean HERE

@steempowerpics has dug into the archive this week and presented a Beyond Bitcoin session hosted by @officialfuzzy with @Dan Larimer as the guest speaker; This audio is from 4 years ago (May 3rd 2014) when the launch of the Bitshares XT blockchain testnet was just getting started. For those that don't know these early hangouts Dan Larimer would give weekly updates to the community in a town hall style discussion that would allow for anyone to connect up and ask questions related to the project. Find the first youtube video in his historical series HERE.

@Michaelx has published 'The Definitive Quintric FAQ: The Legal Tender Blockchain Based Monetary System'. You can find the guide HERE

The Beyond Bitcoin Bitshares weekly hangouts have now moved to the Discord platform. You can join the Bitshares Discord HERE and also catch the latest hangouts streamed live on YouTube HERE

This week’s Bitshares hangout recording has been published and is available HERE

Current registered wallets/accounts within the Bitshares network is 927202; an increase of 17686 wallets/accounts since last week

Number of accounts holding BTS (off exchanges)

Bitshares Distribution

This sections seeks to analyse the current distribution of the network. We look at the current supply, top 100 hodlers, Orders on the Bitshares Decentralized Exchange (DEX), Reserve pool balance and Income growth.

Distribution

Balance

Change W/W

Change W/W %

BTS Supply

2,624,618,009

1,801,476.00

0.07%

BTS Stealth

285,070

5.00

0.00%

BTS in Open Orders (DEX - T250)

11121799

842,201.60

8.19%

Reserve Pool

975955145

-1,801,476.00

-0.18%

RP Accumulated fees

37401

-

0.00%

Collateral (top 250) backing Smartcoins

384589601

-3,255,127.00

-0.84%

Top 100 Total

1,481,759,109

7,203,181.37

0.49%

Top 100 - minus Exchanges

666,579,948

8,486,231.37

1.29%

Exchanges

815,179,161

-1,283,050.00

-0.16%

Non Exchanges

1,809,438,848

3,084,526.00

0.17%

Profit/Expenses from the Bitshares Reserve Pool

The chart below show historic profit/expense from the Bitshares Reserve Pool where a positive number represents a W/W profit and a negative number means a W/W expense; Bitshares expenses include witness and worker pay and income includes network fees.

BTS Trading

Looking at the most active trading pairs for Bitshares (BTS). Data displayed is a 24 hour snapshot as taken on the date of this report and not a reflection on the week as a whole.

Market

Last Price

Price USD

24hr Vol BTS

24hr Vol USD

Vol %

Vol % Change W/W

BTC

0.00003033

0.26569053

26,256,421.06

6,976,082.38

48.13

5.8%

USDT

0.26609384

0.27

23,911,521.36

6,362,004.54

43.8%

42.4%

ETH

0.00036533

0.26692221

3,782,135.27

1,009,535.92

6.9%

12.4%

BITCNY

1.73

0.28061448

283,108

79,444.29

0.5%

-7.7%

Worker Proposals

This section will identify the current approved and pending worker proposals

Active Worker:

Proposed Worker

DEX: Most Active Markets

This section will show the BTS markets within the DEX and seek to highlight the most active markets.
The most active base pair is BTS and the top 3 pairs are CNY, Bridge.RAP and Bridge.BTC

Smartcoins

This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins.

Asset

Supply

Price

Market Cap BTS

Market Cap USD

Supply Change W/W

BTS

2,624,618,009

0.266

698,209,780

$698,209,780.21

0.069%

BTS Stealth

285,070

0.266

75,835

$75,835.29

0.002%

Reserve Pool

975,955,145

0.266

259,626,896

$259,626,896.16

-0.184%

Accumulated fees

37,401

0.266

9,950

$9,949.54

0.000%

BitUSD

13,887,150

3.75

52,076,813

$13,853,650.20

-8.844%

BitCNY

234,824,931

0.589

138,311,884

$36,794,196.35

-10.585%

BitEUR

110,615

4.47

494,449

$131,535.01

-7.230%

BitBTC

51.8

32,938

1,706,188

$453,886.02

1.370%

BitGold

189.5

4,915

931,393

$247,772.19

0.000%

BitSilver

21,767

61.8

1,345,201

$357,854.82

-0.069%

Ruble

7,818,553

0.0607

474,586

$126,251.02

-2.690%

HERO

995

610

606,950

$161,462.90

0.000%

Referral Stats

This section will track user referrals, to gauge active refers overtime. The chart below shows in blue the total number of referred users and in orange the new referrals for this week.

Account

Referrals

Change W/W

btsabc

6005

13

bitshares-munich

5537

4

bituniverse

4931

30

compumatrix1

2582

0

digital-nomad

2500

0

sdr

2385

0

cryptofresh

2134

39

jianjolly-0

1743

0

magicw

1688

7

by24seven

1265

15

superone

1211

2

bcp2017

1201

0

estefantt

1176

4

Vote Proxies

This section will track the change in proxy voting

Account

Opinions

Followers

Weight (M)

Weight Change (M)

bitcrab

90

115

158.7

13.2

xeroc

61

210

136.8

-0.1

openledger

56

10768

122.3

-17.1

michaelx

58

118

77.3

-3.1

still

130

332

39.9

-3

bitshareseurope

0

454

35.1

23.3

blckchnd

59

1580

34.2

-3

abit

71

739

26.5

0.5

fav

40

168

23.7

0.1

blockchain-bv

0

3

11.5

0.1

Active Witnesses

This section will track top 30 active witnesses and the changes in support

Rank

Witness

Votes

Missed

Missed W/W

1

in.abit 1.6.35

764.6

752

1

2

bhuz 1.6.17

732.9

1725

8

3

roelandp 1.6.74

729.3

88

8

4

verbaltech2 1.6.34

728.7

4031

4

5

abc123 1.6.65

718

1370

6

6

fox 1.6.16

714.7

4549

7

7

witness.yao 1.6.71

709

3612

2

8

witness.still 1.6.69

706.3

9327

3

9

sahkan-bitshares 1.6.73

699.5

1360

4

10

delegate-1.lafona 1.6.28

694.6

4469

4

11

xn-delegate 1.6.59

693

2909

4

12

xman 1.6.64

692.6

1769

6

13

xeldal 1.6.22

690.2

2493

1

14

crazybit 1.6.84

648.5

654

12

15

delegate.freedom 1.6.63

628.8

4937

16

delegate-zhaomu 1.6.98

624.4

665

17

openledger-dc 1.6.76

623.5

747

34

18

magicwallet.witness 1.6.110

588.6

51

3

19

rnglab 1.6.45

577.4

2221

36

20

elmato 1.6.20

576.4

4404

4

21

witness.hiblockchain 1.6.105

565

602

535

22

blckchnd 1.6.75

558.5

981

2

23

gdex-witness 1.6.120

515.4

25

7

24

winex.witness 1.6.101

501.2

724

8

25

clockwork 1.6.117

467.8

23

12

26

delegate.ihashfury 1.6.26

444.4

870

27

mr.agsexplorer 1.6.24

362

7718

61

28

delegate.taolje 1.6.38

349

4771

29

delegate-clayop 1.6.27

337.9

5200

30

spectral 1.6.30

337.2

2208

Top 100 Distribution including Exchanges

This section looks at the top 100 rich list and compares account balances, this section will seek to identify changes in ownership which may lead to interesting investigations and early warning signs of upcoming projects

Rank

Account

Total BTS

Change W/W

Change W/W %

1

poloniexwallet

232,320,499

-2,777,207.00

-1.18%

2

bitkkchubei002

161,192,406

-

0.00%

3

bitcc-bts-cold

119,026,104

-1,909,101.00

-1.58%

4

binance-cold-1

114,787,664

-

0.00%

5

gamma-rabbit

61,197,392

-0.10

0.00%

6

binance-bitshares-gvbdb84k6h

52,988,538

-19,653,984.00

-27.06%

7

alpha-dog

50,254,638

9,878,734.18

24.47%

8

huobi-withdrawal

43,906,147

3,729,649.00

9.28%

9

binance-bts-1

27,343,565

23,285,555.00

573.82%

10

delta-lion

22,651,470

0.31

0.00%

11

ranchorelaxo2017

21,769,775

-

0.00%

12

gate-bts-off001

21,324,213

-

0.00%

13

test-changekey

20,163,274

-

0.00%

14

abit

20,110,507

-

0.00%

15

bittrex-deposit

17,896,304

-379,318.00

-2.08%

16

stan

14,791,943

-50,000.00

-0.34%

17

jubi-bts

14,591,906

-

0.00%

18

zbbts001

14,316,774

8,011,158.00

127.05%

19

a2dcdf323a8a576408f62604b17a8a52

12,902,457

-125,880.00

-0.97%

20

alexna64

12,143,695

-

0.00%

21

anonymous

11,212,516

-

0.00%

22

yun-bts

10,962,754

11.00

0.00%

23

evan

10,659,692

-

0.00%

24

committee-cnytrader

9,887,033

-

0.00%

25

enki

9,827,891

1,018,932.00

11.57%

26

getch-bts

9,535,172

-

0.00%

27

brother-john

9,312,086

-

0.00%

28

virtual-ventures

9,153,485

-

0.00%

29

echocold1

9,097,651

-

0.00%

30

ibilitlan-scoltock

8,673,958

-

0.00%

31

mr-wang

8,156,959

-

0.00%

32

graphene2015

8,130,428

-

0.00%

33

roje

8,040,409

-

0.00%

34

bts-subscribe

7,999,005

-

0.00%

35

cievia-waugaman

7,990,214

-

0.00%

36

onceuponatime

7,792,069

16,134.00

0.21%

37

invictus

7,494,364

-

0.00%

38

jiny2

7,438,984

-

0.00%

39

haeassa-granovsky

7,431,931

-

0.00%

40

cass

6,737,585

-

0.00%

41

tyrone-shoelaces

6,615,913

-

0.00%

42

abinia-rivard

6,550,563

-

0.00%

43

keebler-kahn

6,500,770

-

0.00%

44

gate-io-bts66

6,433,674

1,336,520.00

26.22%

45

tsuratsura-3557

6,395,199

-

0.00%

46

bts-morning

6,158,407

269.00

0.00%

47

yoyow.team

6,000,002

-0.10

0.00%

48

ld636433

5,840,000

-3,716,809.00

-38.89%

49

bristolbay

5,800,011

-

0.00%

50

fericia-brick

5,766,623

-

0.00%

51

btszhqxf

5,734,712

-

0.00%

52

spring

5,560,779

-

0.00%

53

hnnr8

5,460,998

-

0.00%

54

cadord-ozois

5,423,173

-

0.00%

55

storj

5,366,573

-

0.00%

56

xhunter

5,192,094

-

0.00%

57

jeraud-kanze

5,172,698

-

0.00%

58

denkhaus

5,169,955

-2,097,793.00

-28.86%

59

bitcoinindonesia

5,010,525

536,029.00

11.98%

60

geravia-mackinnon

4,777,691

-

0.00%

61

xgqing

4,351,903

-

0.00%

62

btsxzzh2

4,348,432

-

0.00%

63

serg

4,269,497

-

0.00%

64

cai8108

4,206,767

853,999.00

25.47%

65

quonael-lievesley

4,087,235

-

0.00%

66

coldstorage1

4,000,000

-

0.00%

67

oh-bts

4,000,000

-

0.00%

68

super-bts

3,999,990

-

0.00%

69

slim

3,938,098

-

0.00%

70

wesley-waugaman

3,921,027

-

0.00%

71

hongcaibao1

3,800,012

1,800,001.17

90.00%

72

mtblock-io

3,714,551

-134,751.00

-3.50%

73

rit-capital-partners

3,466,979

2,466,978.94

246.70%

74

facem

3,413,836

435,719.06

14.63%

75

zy360

3,400,609

193,688.00

6.04%

76

peak-yannie

3,333,334

-

0.00%

77

random123

3,304,640

-

0.00%

78

ak-999

3,298,765

2,298,765.34

229.88%

79

makkiavelli1977

3,199,365

-

0.00%

80

bafohald-degeorge

3,189,866

-

0.00%

81

scottmclane

3,177,116

-

0.00%

82

livecoin-net

3,163,054

-15,712.00

-0.49%

83

bilbo-baggins

3,151,030

-

0.00%

84

lao-wallet

3,140,242

-

0.00%

85

ptschina

3,076,575

87,077.00

2.91%

86

aleks

3,050,009

-0.01

0.00%

87

austintexas11

3,045,249

-

0.00%

88

aelf

3,043,308

2,043,308.24

204.33%

89

committee-usdoperator

3,039,809

-

0.00%

90

goodc0re

3,025,226

416,870.00

15.98%

91

null-account

3,013,497

-

0.00%

92

bitlion

3,004,517

200,411.00

7.15%

93

mcxcwbts

3,000,686

-

0.00%

94

billion-hero-prize

3,000,000

-

0.00%

95

ev-ev

2,992,716

582,334.00

24.16%

96

roland.sun

2,923,130

-

0.00%

97

gxp520wcx

2,902,997

100,462.10

3.58%

98

rwh-9164

2,900,819

548,053.00

23.29%

99

jackkang

2,860,941

-

0.00%

100

yinchg

2,859,466

477,562.00

20.05%

Thanks for viewing :)

I value your feedback.
Is there something more you would like me to track in these reports? or do you have some information for the next BSoTN report? please let me know in the comments, on steemit.chat, in the 'BitsharesDEX' Telegram group or every Friday in the the BeyondBitcoin Hangouts.

I hope you enjoyed this report! :)

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